US-Iran Deadlock and Energy Shock: Trump said he won’t extend the 60-day Iran truce and threatened to bomb Oman if it “gets in the way” of Strait of Hormuz talks, as Iran warned it will shift to a “fully offensive” posture—pushing oil higher, lifting bond yields, and keeping shipping through Hormuz at a trickle. Regional Diplomacy Under Strain: Turkey’s Erdogan urged Trump to keep US-Iran talks going and offered Ankara’s support, while Omani-Iranian negotiations continue over maritime arrangements without Washington. Gaza Mediation Stalls: Jared Kushner met Netanyahu in Jerusalem after rare talks with Hamas in Egypt, but Netanyahu rejected the phased disarmament-with-withdrawal roadmap, leaving the ceasefire and reconstruction plan stuck. Military Posture and Alliances: Trump ordered a reduction in South Korea drills, citing North Korea ties and Iran-war priorities—sparking alarm about US focus and alliance credibility as the Middle East conflict drags on. Jordan Domestic Politics: Jordanian analysts discussed a Cabinet reshuffle and budget preparations, framing the moves as attempts to cool public appetite for further shake-ups. Oil’s Ripple Effects in Markets: Global investors reacted to the Iran deadline fallout with weaker equities, higher crude, and higher yields—reinforcing how Middle East escalation is now driving cost-of-living and financing pressures far beyond the region.